Legal Question in Investment Law in Florida

Real estate deposit

We invested in a condo 11/2005. It has been two years and the unit is no where near finished. We would like out and would like our sizable deposit returned. We understand that the Federal Gov/ state gives a developer two years to complete their obligations. If they do not then they must return the deposit. Is this true? We fear the worst here. Can you advise us or refer us to a good real estate attorney in our area.


Asked on 11/06/07, 7:18 pm

1 Answer from Attorneys
Jared Beck Beck & Lee Business Trial Lawyers

Re: Real estate deposit

Please visit my blog at http://beckandlee.wordpress.com/2007/10/01/the-interstate-land-sales-full-disclosure-act-is-ilsa-a-land-mine-ready-to-explode-for-condo-developers/

for information on this and other condo issues, or feel free to call or e-mail me to discuss your situation.

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Answered on 11/08/07, 5:13 pm


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